Decarb Weekly 9/24/2026

Decarb Weekly™, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech. 

Industria will be attending the NECA Convention in Las Vegas on October 5 – 6th. We encourage you to reach out to Julia McMillan or Ren Lubchenco to schedule time for additional dialogue and market insights.

Chart of the Week: 

Global banks arranged $2.3 trillion of total energy supply financing in 2025, with low-carbon financing increasing 16% to $0.97 for every dollar of fossil-fuel financing. – Bloomberg

Recent Market News:

• The US Environmental Protection Agency finalized the repeal of the 2024 power plant regulations, which it projects will save $310 billion, and proposed the repeal of all remaining greenhouse gas emissions standards for power plants. – EPA
• The US Department of Energy announced $99 million in funding for 21 projects to advance geothermal energy development. – DOE

Transactions:

• 9/23/2026: EnergyCAP, a provider of energy and emissions data management that helps organizations optimize energy usage, announced a strategic investment from LLR Partners. – LLR Partners
• 9/22/2026: AMPYR Distributed Energy, a developer and operator of onsite renewable energy infrastructure for commercial and industrial customers, announced an equity investment from Stonepeak. – Stonepeak
• 9/22/2026: Xpansiv, an infrastructure provider for the energy transition markets whose platform includes registries, marketplaces, and market data, announced a capital raise led by Verdane. – Xpansiv
• 9/17/2026: Ara Partners acquired Bryden Wood, a strategy and integrated design consultancy focused on accelerating decarbonization across mission critical infrastructure. – Ara Partners
• 9/17/2026: Mazama Energy, a developer of geothermal systems, raised $135 million in an oversubscribed Series B co-led by Centaurus Capital and Doerr Capital. – GlobeNewswire

In-Depth Read:
Energy Reality Overtakes the Transition Narrative in S&P Global Study – Forbes

Podcast:
Power under pressure: Can energy security, affordability and net zero still move together? | From Climate Week NYC – Energy Gang

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients. Visit our website: Industria Partners